DIA Short 22/08/22
Asset and Time frame - DIA, Weekly
Entry Price - 330.50
Exit(Stop Loss) -343.69
Exit(Take Profit) - 292.56
Technical Analysis - Price has reached a confluence area, we've got a resistance line of 330.50, we have the 100 Weekly moving average, we have a hammer formation on the weekly chart but without confirmation, and we've got a failed breakout from the down-trending channel.
The market is very uncertain at the moment, a smaller position of 0.75% seems about right for me.
Wishing us the best of luck!
Entry Price - 330.50
Exit(Stop Loss) -343.69
Exit(Take Profit) - 292.56
Technical Analysis - Price has reached a confluence area, we've got a resistance line of 330.50, we have the 100 Weekly moving average, we have a hammer formation on the weekly chart but without confirmation, and we've got a failed breakout from the down-trending channel.
The market is very uncertain at the moment, a smaller position of 0.75% seems about right for me.
Wishing us the best of luck!
Trade chiuso: obiettivo raggiunto
Sold half, still holding short, will update new target soon.Nota
New target of 257.02
Price is moving nicely with good momentum to the downside
Nota
2W moving average broken
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.